Seanad debates
Thursday, 5 March 2009
Investment of the National Pensions Reserve Fund and Miscellaneous Provisions Bill 2009: Committee Stage
3:00 pm
Paddy Burke (Fine Gael)
Senator Ross makes perfect sense. The rate at which this country can borrow has increased dramatically in recent months. It does not make sense to borrow €1.6 billion at a very high rate when we do not need to do so. I cannot understand why the Minister of State is getting hot and bothered about the matter when he should be proposing it to his senior Minister and the Government.
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